BIR exempts more COVID-19 supplies from VAT

The Bureau of Internal Revenue (BIR) has updated the list of medicines and medical devices exclusively used for the treatment of coronavirus (COVID-19) disease is exempted from the 12 percent value-added tax (VAT). BIR came out with the list after receiving a circular from the Department of Health which contained … Continue reading BIR exempts more COVID-19 supplies from VAT